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Winnipeg Free Press - ONLINE EDITION
REPORT CARD: DAVE ANGUS
It holds the line on taxes, shows uncharacteristic restraint on spending and provides some strategic investments, both in and out of the stimulus that will help with private-sector job creation.
This is a "stay-the-course" budget until March 2011 and then it is a "cross-your-fingers" budget as we see how our economy responds. The risk we face is that the notion of growing out of deficit budgets on the back of economic recovery that will restore healthy government revenues can be seen as a bit of a stretch.
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Knowing that our largest trading partner continues to rack up job losses may mean that a rosy growth projection is not prudent.
The story here is that the government can afford to be optimistic in the afterglow of the Olympic Games but it's really next year's budget that will tell the tale. For now, we like what we see.
Grade: B+
-- Dave Angus, Winnipeg
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